Generac
Builds backup power, storage, and energy-management systems for homes, businesses, and critical infrastructure.
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Profile
Sells home standby and portable generators, commercial and industrial power systems, energy storage, controls, and energy-management products through dealers, distributors, retailers, and direct channels. Residential products are the larger class, while most sales come from the United States and financial reporting is split between domestic and international operations.
Designs and manufactures home standby and portable generators, commercial and industrial stationary and mobile power systems, transfer switches, controls, and related services. Residential offerings also include PWRcell battery storage, solar microinverters, ecobee energy-management devices, and connected monitoring; commercial systems extend to battery storage and microgrid controls.
Uses a North American factory-direct dealer network and global industrial distribution to support local installation and service. Residential products are the larger class; commercial and industrial customers include data centers, telecom, rental, healthcare, and infrastructure.
Most sales come from the United States, with reporting divided between domestic and international operations. Demand is tied to outages, housing activity, and capital spending; engine-driven products face emissions rules, while solar and storage markets depend partly on tax incentives.
Company facts
Key statistics
Year to date +30.3% · Average volume (30d) 1.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 4, 2026 | UBS | Reiterate | Buy | $335 | $340 |
| Jul 30, 2026 | Roth Capital | Target | $257 | $214 | |
| Jul 30, 2026 | D.A. Davidson | Target | $333 | ||
| Jul 30, 2026 | Cantor Fitzgerald | Reiterate | Overweight | $325 | $333 |
| Jul 30, 2026 | Robert W. Baird | Target | $311 | $305 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $2.01 | $2.91 | +44.8% | $1.18B | $1.17B | −0.4% | −0.21% |
| Apr 29, 2026Q1 FY26 | $1.33 | $1.80 | +35.3% | $1.05B | $1.06B | +0.7% | +2.49% |
| Feb 11, 2026Q4 FY25 | $1.81 | $1.61 | −11.0% | $1.16B | $1.09B | −6.0% | +0.34% |
| Oct 29, 2025Q3 FY25 | $2.25 | $1.83 | −18.7% | $1.16B | $1.11B | −4.0% | −8.34% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $942.1M | $1.06B | $1.11B | $1.09B | $1.06B | $1.17B | |
| Gross profit | $372.0M | $416.7M | $426.9M | $396.1M | $410.2M | $521.8M | |
| Operating income | $83.6M | $111.8M | $103.1M | −$9.3M | $117.3M | $210.4M | |
| Net income | $43.8M | $74.0M | $66.2M | −$24.5M | $73.3M | $143.2M | |
| Diluted EPS | $0.73 | $1.25 | $1.12 | −$0.42 | $1.24 | $2.40 | |
| Gross margin | 39.5% | 39.3% | 38.3% | 36.3% | 38.7% | 44.5% | |
| Operating margin | 8.9% | 10.5% | 9.3% | -0.9% | 11.1% | 17.9% |
Fiscal years (4-quarter sums)FY21 $3.74B · FY22 $4.56B · FY23 $4.02B · FY24 $4.30B · FY25 $4.21B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $264.9M · Total debt $1.51B · Total assets $5.77B · Shareholders' equity $2.88B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 58.87M · Float 57.93M · 98.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.00M | 6.79% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 3.85M | 6.53% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 2.43M | 4.12% | 13F | Aug 13, 2026 |
| State Street Corp | 2.23M | 3.80% | 13F | Aug 7, 2026 |
| Invesco Ltd. | 1.70M | 2.89% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Kyle Andrew Raabe | officer: President, Home Power Gen. | −213 | $213.35 |
| Aug 5, 2026 | Norman P. Taffe | officer: President Generac Home | −450 | $218.93 |
| Aug 3, 2026 | Aaron Jagdfeld | director, officer: Chief Executive Officer | −5,000 | $194.89 |
| Jul 6, 2026 | Norman P. Taffe | officer: President Generac Home | −300 | $256.00 |
| Jul 1, 2026 | Aaron Jagdfeld | director, officer: Chief Executive Officer | −5,000 | $288.05 |
Peers
- Cummins
Standby, prime, and data-center power systems
- Caterpillar
Large-engine C&I and data-center power generation
- Eaton
Transfer switching and backup-power infrastructure
- Honda (ADR)
Portable inverter generators for home and recreational power
- Tesla
Home batteries and VPP software challenge standby backup
- Enphase Energy
Solar inverters, batteries, and home energy management
- SolarEdge Technologies
Solar inverters, batteries, smart energy, and grid services
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Generac | $185.00 | +0.65% | $10.82B | 42.4 | 18.2 | 2.4 | +10.6% |
| Cummins | $564.40 | −0.03% | $77.94B | 28.9 | 17.0 | 2.2 | +9.4% |
| Caterpillar | $799.82 | −0.02% | $368.62B | 34.4 | 27.8 | 4.9 | +24.0% |
| Eaton | $403.75 | +0.23% | $156.40B | 41.0 | 26.9 | 5.2 | +21.4% |
| Honda (ADR) | $31.80 | −0.16% | $41.34B | — | 18.1 | 0.3 | +3.9% |
| Tesla | $348.19 | −0.16% | $1.38T | 322.9 | 174.6 | 13.3 | +25.5% |
| Enphase Energy | $37.35 | +0.24% | $4.92B | 37.3 | 19.0 | 3.7 | −19.6% |
| SolarEdge Technologies | $31.18 | −0.80% | $1.91B | — | 81.2 | 1.4 | +19.6% |
| Median | 37.3 | 26.9 | 3.7 | +19.6% |